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Why in News? The central government has revised the Market Intervention Scheme (MIS) to better protect farmers from price crashes in perishable crops. Key updates include direct benefit transfers, expanded procurement coverage, and support for storage and transportation costs. Key Changes in MIS: The central government has revised the Market Intervention Scheme (MIS) to support …
Read MoreSyllabus: GS-3: Buffer Stocks & Food Security, Direct & Indirect Farm Subsidies Focus: The 2024-25 Union Budget launched a six-year Mission for Self-Reliance in Pulses with a focus on tur/arhar (pigeon pea), urad (black gram), and masoor (red lentil). The government has allocated Rs 1,000 crore towards this scheme to promote MSP-based procurement and strengthen …
Read MoreWhy in the news? The Union Budget 2025 introduced the Cotton Productivity Mission, focusing on increasing cotton productivity and improving fibre quality through advanced processing, better infrastructure, and sustainable cultivation practices to boost India’s competitiveness in global cotton markets. Key Highlights: The Union Budget 2025 introduced the Cotton Productivity Mission to enhance both cotton productivity …
Read MoreWhy in the news? The Union Cabinet has approved a significant increase in minimum support prices for rabi crops and dearness allowance for government employees, aimed at mitigating inflation impacts ahead of Diwali and ensuring better earnings for farmers. Minimum Support Prices (MSP) Increase: The Union Cabinet has raised the MSP for various rabi crops …
Read MoreWhy in the news? Maharashtra launched a subsidy program to support gaushalas caring for desi cows, aiming to preserve indigenous breeds as cow populations decline across the state. Maharashtra’s Subsidy Scheme for Indigenous Cows: The Maharashtra government announced a subsidy of ₹50 per day per cow for gaushalas that care for desi (indigenous) breeds. This …
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